Astral Foods Balance Sheet Health
Financial Health criteria checks 3/6
Astral Foods has a total shareholder equity of ZAR4.0B and total debt of ZAR1.7B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are ZAR9.1B and ZAR5.1B respectively.
Key information
43.4%
Debt to equity ratio
R1.74b
Debt
| Interest coverage ratio | n/a |
| Cash | R713.44m |
| Equity | R4.02b |
| Total liabilities | R5.09b |
| Total assets | R9.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARL's short term assets (ZAR5.4B) exceed its short term liabilities (ZAR4.3B).
Long Term Liabilities: ARL's short term assets (ZAR5.4B) exceed its long term liabilities (ZAR805.1M).
Debt to Equity History and Analysis
Debt Level: ARL's net debt to equity ratio (25.6%) is considered satisfactory.
Reducing Debt: ARL's debt to equity ratio has increased from 0.9% to 43.4% over the past 5 years.
Debt Coverage: ARL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ARL's interest payments on its debt are well covered by EBIT.